What is Demand Curve in Marketing? PDF Download

Learn Demand Curve definition in marketing with explanation to study “What is Demand Curve”. Study demand curve explanation with marketing terms to review marketing course for online MBA programs.

Demand Curve Definition

  • A curve that shows the number of units the market will buy in a given time period, at different prices that might be charged.

    Principles of Marketing by Philip T. Kotler, Gary Armstrong



Demand Curve Explanation

Demand curve refers to the graphical representation of the relationship between the price of a commodity, and the ratio of consumers who are actually willing to purchase the product at any available price in the market. According to the market researchers, demand of the product is usually created by the companies for their potential customers.

Keep Learning Marketing Explanations

What is Selective Attention?

Specific consideration is the way toward concentrating on a specific item in the earth for a specific time frame. Consideration ...

What is Marketing Implementation?

A successful usage plan shows what exercises are to be actualized. Who will be in charge of execution, the time ...

What is Consumer Involvement?

Consumer involvement is the behavior that motivates consumer to make purchase decision; there are various steps in consumer involvement that ...

What is Line Extension?

Line expansion and brand augmentation address the showcasing of business products. The brand alludes to the perceived item or organization ...

What are Variable Costs?

A variable expense is a corporate cost that adjustments in extent to generation yield. Variable costs increment or lessening relying ...

What is Franchise Organization?

Organization depends on an advertising idea which can be embraced by an association as a procedure for business development. Where ...